2,580 RSF of total restaurant or retail space located on the main floor of the new Staybridge Suites and Even Hotel. 250 Room Hotel. Large store front windows facing St Mary's Hospital on highly desirable 2nd St with large signage. Outdoor patio seating area makes these spaces perfect for any retail, restaurant, or coffee shop. Common restrooms in hotel are available for tenant use. Generous T.I from landlord. 124 parking spots in underground parking. Neighboring Tenant STARBUCKS, is now open.
Located in the heart of Rochester, this dynamic area provides easy access to world-class healthcare facilities, thriving businesses, and vibrant cultural attractions. Within minutes of the property, discover the renowned Mayo Clinic, excellent dining options and boutique shopping. Convenient access to ramp, street and short-term parking, major roadways and public transportation, offer an exceptional blend of convenience and community for a prospective retail tenant.
Year Built: 2020
Building Size: 50600sq ft
Lot Size: 0 acres
Units for Lease
Staybridge Suites / Even Hotel Retail Space
Space Available: 2580 SF
Lease Type: Modified Net
Map of 101 11th Ave Southwest, Rochester, MN, 55902
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.